Brief: Salzer Electronics Sets Up New Manufacturing Facility In Hosur, Tamil Nadu
23/01/2023 05:34
Jan 23 (Reuters) - Salzer Electronics Ltd SALZ.NS :
* SETS UP A NEW MANUFACTURING FACILITY IN HOSUR, TAMIL NADU
* PLANT TO MANUFACTURE HIGH DEMAND PRODUCTS LIKE WIRE
HARNESSES
AND TOROIDAL TRANSFORMERS IN FIRST PHASE
* INITIAL INVESTMENT COST OF 150 MILLION RUPEES
* FIRST PHASE OF COMMERCIAL PRODUCTION EXPECTED TO COMMENCE
IN
MARCH 2023
Source text for Eikon: ID:nBSEbW3YtZ
Further company coverage: SALZ.NS
((Reuters.Briefs@thomsonreuters.com;))
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